Comfortdelgro - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
05/18/20	Kim Eng	Comfortdelgro	1.46	1.99	Buy	DCF
05/20/20	UOB Kay Hian	Comfortdelgro	1.56	1.82	Buy	PER16.7x FY21
05/20/20	Citi Research	Comfortdelgro	1.56	1.16	Sell
05/26/20	phillip	Comfortdelgro	1.54	1.5	Neutral	DCF
05/26/20	DMG & Partners	Comfortdelgro	1.54	1.45	Neutral	DCF
05/26/20	DBS Vickers	Comfortdelgro	1.54	1.5	Hold	PER15x FY20/21
05/26/20	Lim & Tan	Comfortdelgro	1.54	0	Hold
05/26/20	Kim Eng	Comfortdelgro	1.54	1.98	Buy	DCF
05/26/20	CIMB	Comfortdelgro	1.54	1.5	Hold
05/26/20	Citi Research	Comfortdelgro	1.54	1.12	Sell
06/01/20	DBS Vickers	Comfortdelgro	1.44	1.68	Buy	PER16.8x FY20/21
06/02/20	DMG & Partners	Comfortdelgro	1.43	1.65	Buy	DCF, PER15.5x FY21
06/29/20	Kim Eng	Comfortdelgro	1.52	1.98	Buy	DCF
06/29/20	Lim & Tan	Comfortdelgro	1.52	0	Hold
07/01/20	CIMB	Comfortdelgro	1.45	1.46	Hold	PER13.1x FY21
07/02/20	DMG & Partners	Comfortdelgro	1.48	1.65	Buy	DCF, PER16x FY21
07/03/20	DBS Vickers	Comfortdelgro	1.47	1.68	Buy
08/06/20	DMG & Partners	Comfortdelgro	1.39	1.65	Buy	DCF
08/07/20	DBS Vickers	Comfortdelgro	1.39	1.68	Buy
08/17/20	phillip	Comfortdelgro	1.39	1.65	Accumulate	DCF
08/17/20	UOB Kay Hian	Comfortdelgro	1.39	1.78	Buy	PER17.2x FY21
08/17/20	DBS Vickers	Comfortdelgro	1.39	1.63	Buy	PER15x FY21
08/17/20	DMG & Partners	Comfortdelgro	1.39	1.55	Buy	DCF, PER17.6x FY21
08/17/20	CIMB	Comfortdelgro	1.39	1.4	Hold
08/17/20	Kim Eng	Comfortdelgro	1.39	1.76	Buy	DCF
08/19/20	Lim & Tan	Comfortdelgro	1.41	0	Accumulate
08/27/20	Amfrasers	Comfortdelgro	1.46	1.63	Outperform
09/01/20	Kim Eng	Comfortdelgro	1.48	1.76	Buy	DCF
09/04/20	DBS Vickers	Comfortdelgro	1.51	1.96	Buy	PB1.6x FY21
09/21/20	CIMB	Comfortdelgro	1.48	1.7	Add	PER15.6x FY21
09/21/20	Citi Research	Comfortdelgro	1.48	1.8	Buy
09/22/20	Macquarie	Comfortdelgro	1.46	1.51	Neutral	PER15x FY21
09/22/20	UOB Kay Hian	Comfortdelgro	1.46	1.78	Buy
10/05/20	phillip	Comfortdelgro	1.42	1.65	Accumulate
10/07/20	DMG & Partners	Comfortdelgro	1.44	1.7	Buy	DCF
11/05/20	DMG & Partners	Comfortdelgro	1.39	1.7	Buy	PER17.7x FY21
11/12/20	DBS Vickers	Comfortdelgro	1.49	1.96	Buy	PB1.6x FY21
11/13/20	CIMB	Comfortdelgro	1.5	1.7	Add
11/13/20	Kim Eng	Comfortdelgro	1.5	1.76	Buy	DCF
11/13/20	UOB Kay Hian	Comfortdelgro	1.5	1.78	Buy
11/16/20	phillip	Comfortdelgro	1.54	1.83	Buy	DCF
11/24/20	OCBC	Comfortdelgro	1.65	2	Buy
12/07/20	DMG & Partners	Comfortdelgro	1.64	1.9	Buy	PER19x FY21
01/04/21	DBS Vickers	Comfortdelgro	1.67	1.96	Buy
01/05/21	phillip	Comfortdelgro	1.67	1.83	Buy
01/12/21	Kim Eng	Comfortdelgro	1.69	1.88	Buy	DCF
02/04/21	Kim Eng	Comfortdelgro	1.58	1.88	Buy	DCF
02/05/21	DMG & Partners	Comfortdelgro	1.59	1.9	Buy
02/11/21	CIMB	Comfortdelgro	1.58	1.7	Add
02/16/21	DBS Vickers	Comfortdelgro	1.58	1.99	Buy	PB1.5x FY21
02/16/21	UOB Kay Hian	Comfortdelgro	1.58	1.78	Buy
02/16/21	Citi Research	Comfortdelgro	1.58	1.8	Buy
02/16/21	Lim & Tan	Comfortdelgro	1.58	0	Accumulate
02/17/21	Macquarie	Comfortdelgro	1.57	1.7	Outperform	PER17x FY22
02/22/21	phillip	Comfortdelgro	1.58	1.83	Buy	DCF
03/08/21	CIMB	Comfortdelgro	1.61	1.7	Add
03/09/21	Kim Eng	Comfortdelgro	1.64	1.88	Buy	DCF
03/10/21	DMG & Partners	Comfortdelgro	1.7	1.9	Buy
03/11/21	UOB Kay Hian	Comfortdelgro	1.69	1.85	Buy

Stock calls for 22 March 2021

Date	Analyst	Company	Last	Target	Call	Valuation
03/22/21	DBS Vickers	A-Reit	3.08	4	Buy
03/22/21	Phillip	Capitaland Integrated Commercial Trust	2.18	2.5	Accumulate	DDM
03/22/21	Lim & Tan	Frasers Centrepoint Trust	2.56	0	Hold
03/22/21	CIMB	Frasers Centrepoint Trust	2.56	3.18	Add
03/22/21	UOB Kay Hian	Ifast Corp	5.83	7.96	Buy	DCF

Denmark is the latest country to report Astrazeneca's blood clotting.

https://www.channelnewsasia.com/news/world/denmark-astrazeneca-covid-19-vaccine-blood-clot-haemorrhage-died-14452168

One hospital staff had died from blood clotting.

Well, I believe these 2 blood clotting cases will have nothing to do with the AZ vaccine just like the earlier proclamation.

I've stated previously that I couldn't understand the medical logic between falling sick and getting vaccinated.

http://sg-stock.blogspot.com/2021/02/vaccination-conundrum.html

Therefore, please do your own due diligence.

Is Quad Alliance serious in helping South East Asia (SEA)? No!

https://www.voanews.com/covid-19-pandemic/quad-aims-increase-vaccine-production-1-billion-doses-southeast-asia

The Quad Alliance (QA) aims to provide 1B vaccines to SEA by the end of 2022.  Really?

For those viewers who don't understand the QA, please read our previous posting below.

http://sg-stock.blogspot.com/2021/02/will-quad-alliance-qa-have-any-impact.html

This is a pseudo goodwill gesture from QA because SEA will be vaccinated already before the end of 2022.  In fact, Singapore will be fully vaccinated by the end of 2021 because SG is preparing to open its international borders with vaccinated passports by the end of 2021.

Therefore, the 1B vaccines proposition is just some political propaganda to scam SEA governments.

We need to get real about what the QA is trying to do.  We also need to recognize that some countries are trying to take advantage of others.

For a start, China is the only country in the world that will bring Asia out of its doldrum with its economic growth.  Why did I say that?  Please take a look at the chart below.

China contributes about 27% of world economic growth but the US only contributes about 12% of global economic growth despite being the largest economy.  Why is this so?

This is because the US embarks on exploitative economic policies while China embarks on win-win economic policies with its trading partners.  There is no other way to explain this big difference in world economic contribution between the 1st and 2nd largest economies other than what I've suggested.  Two good examples to illustrate this point will be the RCEP and EU-China investment pact.

Baltic dry index - 2281

 

Related stock: Sembcorp Marine, Cosco & Pan ocean.

US rig count (weekly) - 411

 Related stock: Sembcorp Marine & Cosco.

Global rate hikes are coming! - Part 4

https://finance.yahoo.com/news/emerging-markets-russian-rouble-rises-113015004.html

Russia is the 3rd country to raise its rate this year after Brazil and Turkey.  I believe more countries will follow suit because inflation pressure is rising tremendously.  This hawkish stance will counter the dovish US stance and render the US policy less effective.

http://sg-stock.blogspot.com/2021/03/the-us-inflation-is-coming-part-12.html

Former US AG was caught red-handed for fabricating China lies.

https://www.independent.co.uk/news/world/americas/us-politics/morning-joe-bill-barr-china-election-b1819293.html

This is not surprising as the US senators and officials are well-known liars.

Trump is a congenital liar and he will also employ liars to work for him.

Clearbridge - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
08/31/20	phillip	Clearbridge	0.171	0.26	Buy	DCF